“The Most Transformative Technology of Our Time”
The WSJ’s report says that Musk’s group includes investors such as Valor Equity Partners, Baron Capital, Atreides Management and Vy Capital.
They are prepared to go all in on OpenAI, Toberoff told the WSJ, and will stump up the cash to outbid any other interested parties.
“If Sam Altman and the present OpenAI Inc. Board of Directors are intent on becoming a fully for-profit corporation,” Toberoff said, “it is vital that the charity be fairly compensated for what its leadership is taking away from it: control over the most transformative technology of our time.”